RE: West Kenya value26 Jan 2023 10:52
Looks like you're using a 'standard' rule of thumb of $20/oz for inferred and $30/oz for indicated resources to get that figure Tornadotony. But this doesn't take into account either the commodity price or more importantly in this case, the grade. Surely there must be a premium for resurces at 10+g/t compared to those with 1g/t?
I guess we need to wait for a feasibility study to give us a NPV to take this into account?